European Energy Markets Observatory 2006

Capgemini’s European Energy Markets Observatory (EEMO) is an annual report (initiated
in 2001) that tracks the progress in establishing an open and competitive electricity
and gas market in the 25 European countries. This 8th edition — built from public
data sources combined with Capgemini methodology and knowledge — is based on 2005
and winter 2005/06 data sets.

For this 8th edition we have continued our successful partnership with Société Générale Equity Research and extended our utilities panel to analyse the financial performance and strategy
of 23 companies. We have also added a new key feature, thanks to our partnership
with international law firm Bird & Bird. We are now able to provide, for the first time, a sound analysis of regulation
and legal questions that will have a growing influence on the overall market picture.

Professor Lewis from the University of Vaasa in Finland has kindly brought his expertise in clients’ rate of suppliers’ switching
for different regional markets, thus helping us to better understand retail market
competition.

Last but not least, you will find embedded in the different chapters a focus
on the main energy issues for key European markets (Germany, UK, France, Italy,
Spain, and Nordics).

On this page you can download an excerpt from the report. To request a copy of
the full report, please email Philippe Coquet.